TVS Motor arm acquires whole stake in German co

TVS Motor arm acquires whole stake in German co

by admin- Friday, December 9th, 2022 03:36:33 PM

 

TVS Motor Company, through its utterly owned subsidiary i.E. TVS Motor (Singapore) Pte. Limited (TVSM Singapore) has signed an agreement to collect EV-associated era and belongings in Germany.

TVS Singapore might be obtaining the property via its subsidiary BBT 35/22 Vermogensverwaltungs GmbH (name proposed to be modified to Celerity Motor GmbH). The stated buy will assist fortify the TVS’ expansion in the EV 2-wheeler market globally.

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